As the name suggests, a regular savings account requires you to commit to putting aside a small amount of money each month. via passbook at any branch of Nisir at 8% interest rate and deposits and withdrawals can be made at any time.
Saving is essential to building your long-term wealth, and it is important to save early in life and often. Regardless of your age, you should save a percentage every time you receive money, whether it’s a paycheck or a monetary gift.
The everyday decisions you make about money can have a lifelong impact. Saving allows you the freedom and flexibility to fulfill your goals and helps you develop good personal finance habits.
Depository institution (such as a bank, credit union, or a finance or insurance company) account that pays higher than savings account interest rates but imposes conditions on the amount, frequency, and/or period of withdrawals. A certificate of deposit (CD) is normally issued only for time deposits. Also called a fixed deposit. 12% interest rate for the deposit amount of birr 100,000 and above.
At 8% Interest Rate And Deposit Counted Every 2 Weeks.
We provide money to clients through loans, which helps them raise their capital and total investment. We focus on businesses operating in small and medium scale levels usually referred to as “the missing middle”. We offer attractive interest rates for depositors.
Head Quarter Nisir Bldg., European Union Street, Addis Ababa, Ethiopia.